As the cost of motorcycles has begun to rise, the number of motorcycles on the road has decreased. Motorcycle buyers are shifting their purchasing decisions away from new motorcycles and toward used or locally manufactured motorcycles in order to meet their needs within their budget.
As a result of the collaboration between Honda and Alfa Mall, an easy instalment plan has been introduced in this regard. Easy monthly instalments are now available for the Honda CD70, which can be purchased through Alfa Mall over a ten-month period. This offer is available at a 0 percent markup, which means that the consumer will not be required to pay anything extra.
Additionally, the process of making a purchase through Alfa Mall is fairly straightforward. The only thing that the customer needs to do is go to the Alfa mobile app, which is owned by Bank Al-Falah, scroll to the Motorcycles tab, and then select Honda Motorcycles. The Alfa Mall will have your Honda CD70 ready for you to pick up in a couple of business days.
It is a good thing that Honda is offering such instalment plans to make it easier for customers to pay their bills, but the company must keep in mind that increasing prices too much may become a problem for them in the future. Given the fact that Honda has achieved economies of scale in the production of 70cc motorcycles, it is imperative that they make it as simple as possible for the average buyer to purchase their motorcycles at a reasonable price.